American Express Financial Advisor??

Discussion in 'Trading' started by mustardseeds, Aug 22, 2002.

  1. mustard-
    go to Merrill or Morgan.....you have to trick them into believing you're the best salesman that ever lived.....but if you do you can get your 7,63...and get $40-$50k...while you're studying...then you can quit or whatever....don't settle for $7....besides Amex advisors is a terrible place to work....if you're gonna do it...at least get a good firm.
    good luck
     
    #11     Aug 22, 2002
  2. You're young, go and try it out. The experience can only be good for you. A job is a job at this point, you can try to find another one while you are working for AMEX.

    After all, you are not going to MARRY them....
     
    #12     Aug 22, 2002
  3. wideopen

    wideopen

    You will hear a lot of "dialing and smiling" :) stuff. Actually I am giving my "planner" job resignation tomorrow. The intellect of the people in the industry is enough to pass the 7's with 73% on average if they pass and to sell VA and Mutual funds. Get ready for some "coaching" and cold calling techniques.
    Wish ya luck
     
    #13     Aug 22, 2002
  4. cashonly

    cashonly Bright Trading, LLC

    I had a friend who went through that program recently. He was a high-level manager at Nortel before he got laid off. A year before that, he was a high-level manager at IBM.

    He took the classes, passed the tests, but did it on his own time. They give you $$$ bonuses that way if you pass and you don't have to sit in an office and study for minimum wage.

    He had extensive contacts and deep ties in the community. His idea was to work with his contacts. He had made arrangements to give presentations to various groups from the community and at IBM and Nortel. He was in it to make money the right way. This guy was no dummy - smart and hard working.

    He collected his money for passing the tests. Went in and presented him with his plan. They weren't interested. All they wanted him to do was get on the phone and make 300 cold calls a day. There were guys there that had been there for a few years and were still just cold calling.

    Bonus in hand, he walked out and took his licenses to another firm (not sure who) that was open to his plan. Within a few months, he was on track to meeting his prior management salary. He did it his way.

    You should too. Unless you're good making cold calls.
     
    #14     Aug 22, 2002